Whitecap Resources Inc

Common Name
Whitecap Resources
Country
Canada
Sector
Energy
Industry
Oil & Gas E&P
Employees
567
Ticker
WCP
Exchange
TORONTO STOCK EXCHANGE
Description
Whitecap Resources Inc. is a Canadian oil and gas company engaged in the acquisition, development, and production of petroleum and natural gas resources. The company's primary focus is on generating v...

Whitecap Resources's GHG Emissions Data Preview

In 2022, Whitecap Resources completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Whitecap Resources has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2022202120202019 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Whitecap Resources’s Greenhouse Gas (GHG) Emissions Data

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a. Whitecap Resources's ESG Report 2023
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Insights into Whitecap Resources's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Whitecap Resources amounted to 2,057,231 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2021, the total operational greenhouse gas (GHG) emissions of Whitecap Resources increased by 2.42%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Whitecap Resources's Scope 1 Emissions Over Time

2020202120220350 k700 k1.05 M1.4 MtCO2e+92%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Whitecap Resources's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Whitecap Resources were 1,376,229 metric tons of CO₂ equivalent (tCO₂e). a

Has Whitecap Resources reduced its Scope 1 emissions over time?

Since 2020, Whitecap Resources's Scope 1 emissions have increased by 99.56%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2021), Whitecap Resources's Scope 1 emissions increased by 4.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Whitecap Resources's Scope 2 emissions?

In 2022, Whitecap Resources reported Scope 2 greenhouse gas (GHG) emissions of 681,002 tCO₂e without specifying the calculation method. a

Has Whitecap Resources reduced its Scope 2 emissions over time?

Since 2020, Whitecap Resources's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 35.55%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2021), Whitecap Resources's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Whitecap Resources 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Whitecap Resources use for Scope 2 reporting?

In 2022, Whitecap Resources reported its Scope 2 emissions using an unspecified methodology. a

Whitecap Resources's Scope 2 Emissions Over Time

2020202120220200 k400 k600 k800 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Whitecap Resources’s GHG Emissions Intensity Compared to Industry Peers

In 2022, Whitecap Resources reported Scope 1 greenhouse gas (GHG) emissions of 1,376,229 tCO₂e and total revenues of USD 3,532 millions. This translates into an emissions intensity of 389.65 tCO₂e per millions USD. a

Whitecap Resources's Scope 1 Emissions Intensity Compared to Peers

20,000100,000500,0005,000,00020,000,000Scope 1 Emissions (tCO2e)2001,0002,00010,00050,000Revenues (Millions of USD)EnergeanYear: 2023Scope 1: 220,579 tCO2eRevenue: $M 1,420Scope 1 Intensity: 155.38 tCO2e/$MParamount ResourcesYear: 2023Scope 1: 460,416 tCO2eRevenue: $M 1,551Scope 1 Intensity: 296.81 tCO2e/$MChord EnergyYear: 2023Scope 1: 1,500,209 tCO2eRevenue: $M 3,897Scope 1 Intensity: 385.00 tCO2e/$MMEG EnergyYear: 2022Scope 1: 2,368,081 tCO2eRevenue: $M 4,687Scope 1 Intensity: 505.30 tCO2e/$MVar EnergiYear: 2023Scope 1: 195,706 tCO2eRevenue: $M 6,816Scope 1 Intensity: 28.71 tCO2e/$MVital EnergyYear: 2023Scope 1: 663,046 tCO2eRevenue: $M 1,548Scope 1 Intensity: 428.43 tCO2e/$MAker BPYear: 2023Scope 1: 906,378 tCO2eRevenue: $M 13,580Scope 1 Intensity: 66.74 tCO2e/$MSM EnergyYear: 2023Scope 1: 484,493 tCO2eRevenue: $M 2,364Scope 1 Intensity: 204.96 tCO2e/$MTourmaline OilYear: 2022Scope 1: 2,933,544 tCO2eRevenue: $M 6,411Scope 1 Intensity: 457.55 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MCNX ResourcesYear: 2023Scope 1: 559,769 tCO2eRevenue: $M 1,506Scope 1 Intensity: 371.62 tCO2e/$MMagnolia Oil & GasYear: 2023Scope 1: 479,393 tCO2eRevenue: $M 1,227Scope 1 Intensity: 390.71 tCO2e/$MSantosYear: 2023Scope 1: 5,660,000 tCO2eRevenue: $M 9,048Scope 1 Intensity: 625.52 tCO2e/$MInpexYear: 2023Scope 1: 6,622,000 tCO2eRevenue: $M 15,305Scope 1 Intensity: 432.68 tCO2e/$MMurphy OilYear: 2023Scope 1: 1,083,362 tCO2eRevenue: $M 3,449Scope 1 Intensity: 314.12 tCO2e/$MCalifornia ResourcesYear: 2023Scope 1: 2,603,000 tCO2eRevenue: $M 2,813Scope 1 Intensity: 925.35 tCO2e/$MAPA Corp (US)Year: 2023Scope 1: 5,962,000 tCO2eRevenue: $M 8,279Scope 1 Intensity: 720.14 tCO2e/$MPTTEPYear: 2023Scope 1: 6,744,227 tCO2eRevenue: $M 8,733Scope 1 Intensity: 772.23 tCO2e/$MRange ResourcesYear: 2023Scope 1: 202,525 tCO2eRevenue: $M 2,553Scope 1 Intensity: 79.32 tCO2e/$MExpand EnergyYear: 2023Scope 1: 799,373 tCO2eRevenue: $M 7,775Scope 1 Intensity: 102.81 tCO2e/$MWhitecap ResourcesYear: 2022Scope 1: 1,376,229 tCO2eRevenue: $M 3,532Scope 1 Intensity: 389.65 tCO2e/$M

How does Whitecap Resources's GHG emissions intensity compare to its peers?

In 2022, Whitecap Resources reported a Scope 1 emissions intensity of 389.65 tCO₂e per millions USD. Compared to the peer group median of 378.31, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Whitecap Resources rank on GHG emissions intensity within its industry?

In 2022, Whitecap Resources ranked 12 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Whitecap Resources is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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